As prospective bidder, what documents we need to prepare and submit for competitive bidding?
Q: Discuss the prequalification of Prospective Contractors.
A: Brief concept- Prequalification of prospective contractors are needed such that his/her ability to…
Q: Who is the Employers Agent?
A: Employer's agent is defined as the term which is used for the description of the agent who is…
Q: What are the advantages and disadvantages of using a bid depository to (a) a general contractor and…
A: Bid depository It is a set up whose work is to assemble bids from a subtrades and subsequently…
Q: Identify the correct pairing of the most common procurement method and selection criteria? A.…
A:
Q: Briefly explain the bid review/analysis process. Describe the steps involved in the bidding process
A: A bid is a submission which a supplier or service provider made in response to an invitation to…
Q: What are unit price contracts?
A:
Q: How is recording of Bids done?
A: Project bidding is the mechanism whereby the contractor submits a offer to the customer as a request…
Q: What is the competitive bidding process?
A: The competitive bidding process as follows: Request for proposal: The organization seeking…
Q: Define the term fixed-price contracts?
A: A fixed-price contract is also known as a lump-sum contract or a firm-price contract. It establishes…
Q: List and describe the major factors a contractor will consider when deciding whether to submit a bid…
A: Bidding- It is defined as an offer price set by an individual or any organization for a service,…
Q: You have been offered a job by a General Contractor as a Project Engineer to work with a team to put…
A: The bid proposal of the construction project worth is $100 million.The steps to take as a project…
Q: Enumerate the advantages and disadvantages of bidding for projects in both the Private and Public…
A: The process of filing a tender to conduct, or manage the undertaking of, a construction project is…
Q: How is the Electronic Bid package provided?
A: Construction bidding is the process of submission of tender (proposal) by the contractor to the…
Q: tendering process
A: Tendering process is really a requires long strategic planning to any firm as well as for…
Q: Discuss the concerns contractors should necessarily consider before tendering for projects.
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Q: Discuss the importance timing in the tendering process
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Q: Give some reasons for the unbalancing bids?
A: The unbalancing of a bid is the transfer of portion of the work cost for one part of work to another…
Q: Draw a schematic diagram to illustrate the contractual relationships in the construction industry…
A: As civil engineers or relationship managers, we have to take responsibility for maintaining peace…
Q: If you are the contractor bidding for a project, is owning heavy construction equipment advantageous…
A: There are various factors need to be considered in deciding between to buy or rent. The detailed…
Q: a) What is Bidding? b) Scope of the Manual of Procedure for the Procurement of Goods c) What is…
A: Four subparts are in the question.
Q: Describe one of the convenient options provided to contractors to scroll through the listing of…
A: The process in which takes place after the submission date end of tender is known as bid…
Q: What are the contractor’s financing charges on a project, and how is the cost of financing charges…
A: Brief concept introduction- Every project needs a contractor and he/she charges some fees to…
Q: Is it of vital importance that all bidders receive identical sets of bidding documents?
A: Bidding is the process of submitting a proposal or tender (offer in writing to execute some…
Q: What are the general contractor’s two main concerns when a low bid has been received from a…
A: When a low bid has been received by a subcontractor who is new or unknown to the general…
Q: What is the intended purpose of conducting a bidding, why cant the government do the projects on…
A: The main purpose of bid evaluation is to determine the lowest evaluated and substantially responsive…
Q: When can the bid and award phase of a project be very document-intensive?
A: The process in which takes place after the submission date end of tender is known as bid…
Q: True or False? One option for competitive bidding is a lump sum proposal; one option for negotiated…
A: Let's talk about the first statement "One option for competitive bidding is a lump sum proposal"
Q: Discuss “bid rigging” in detail, and suggest how an organisation can address it.
A: When opposing parties collaborate to choose the winner of a bidding procedure, this is known as bid…
Q: True or false? Within those jurisdictions where public contracts are subject to “Fair Subcontracting…
A: Subcontracting can be defined as practice taken up by contractors in which a contractor hires an…
Q: Is Partnering a totally informal process, or should it be addressed in the specifications?
A: When a mutually developed formal ideology of communication and responsibility planned to increase…
Q: Types of bidding procedures? Explain in your own words.
A: Bidding involves an attempt to lay down a starting price on even an item or brand by a person or…
Q: Discuss the primary advantages and disadvantages of bidding for: (a) public work; (b) private work.
A: Tendering Process under development is a course of presenting a proposition to attempt government…
Q: In what two ways does design–build differ from the traditional design–bid–build project delivery…
A: Design Build: In this system, the owner usually hires a single person, the designer / builder, to…
Q: Tendering process - Differentiate between two major tendering processes in term of (identification,…
A: Two major types of tendering process are as follows :- Open Tendering Selective Tendering
Q: Give an example of how a bid is unbalanced.
A: A bid is unbalanced when the actual cost of some material is exaggerated and for some material the…
Q: Question 8 What is the contract delivery method called where the prime consultant is responsible to…
A: Brief concept introduction- Project delivery system- It is a system that gives permission to an…
Q: What are bid documents?
A: A bid document is defined as an output of the planned procurement management process. It is used…
Q: Why is it important to understand how to choose the correct type of consruction contract to issue?
A: Answer:- Construction contract:- It is a mutual or legally binding agreement between two parties…
Q: Explain the general bidding process involved in construction projects?
A: Construction bidding is the specific process which is involved with the submission of the tender by…
Q: How is the documentation of Bids done?
A: The plans , specifications , estimates , Bill of quantities and all the required documents of the…
Q: What is the Partnering Concept?
A: Concept: The type of business partnering used in engineering, architecture, and the construction…
Q: What are the potential problems in Partnering Concept??
A: Potential problems in Partnering Concept are : 1.Different methods for management : Similar forms in…
Q: Describe the concept of a design-build contract?
A: The project delivery system is a process which is used to assign the responsibilities of the…
Q: What are two or three things that might have been in a bid submittal that might result in the bid…
A: The following might lead to declare the bid as non-responsive:
As prospective bidder, what documents we need to prepare and submit for competitive bidding?
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Solved in 2 steps
- If you were a contractor, would you respond to any and all Requests for Proposals you come across? Why would you pass on some of them or why would you bid on every single one?Write down the required documents to be submitted by the contractor during bidding phase and while signing the contract?How is the documentation of Bids done?
- The process of submitting a proposal (tender) to manage a construction project a. Negotiation b. Value Engineering c. Bidding d. Project ManagementDescribe one of the convenient options provided to contractors to scroll through the listing of bidding opportunities?What are the Bids and how can they be viewed?
- As the project manager of your company, what will be your cinsideration during Tender adjustments for tender submission?Give the guidelines in case you suspect the existence of a serious imbalance in the lowest bidder's proposal?Select a type of construction contract and make a brief discussion of its advantages and disadvantages to both the contractor and the owner.